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<br />. <br /> <br />. <br /> <br />. <br /> <br />DEVELOPER: <br /> <br />Tramm Builders and Realtors, LLC, a Minnesota limited <br />liability company <br /> <br />By: <br /> <br />Kim L. Tramm, <br /> <br />STATE OF MINNESOTA ) <br />) ss. <br />COUNTY OF ) <br /> <br />On this _ day of , 2003, before me, a notary public within and for <br />said county, by , the of Tramm Builders and Realtors, LLC, <br />a Minnesota limited liability company, to me known to be the developer of the above <br />described Property and he/she/they have executed the foregoing instrument on behalf of <br />the corporation. <br /> <br />Notary Public <br /> <br />THIS INSTRUMENT WAS DRAFTED BY: <br />PETERSON, FRAM & BERGMAN, P.A. (JPF) <br />.50 East Fifth St., #300 <br />St. Paul, MN 55101 <br />(651) 291-8955 <br /> <br />[SIGNATURE PAGE TO DEVELOPMENT AGREEMENT] <br /> <br />F:\users\Janlce\Jeny\Arden Hilts\Tramm Development Agmt - 3.wpd <br />March 25, 2003 <br /> <br />5 <br />